Yesterday it was announced that the long term scheme to redevelop The Meadows in Nottingham had come off the rails.
The Department for Communities and Local Government said it will now only fund housing PFI schemes that are under contract. And Nottingham isn’t.
Back in 2009 Nottingham City Council had a £200m PFI credit approved for the scheme – but had to prepare a Business Case. It seems that the Business Case has fallen at the next hurdle. In the post Comprehensive Spending Review, perhaps this is not surprising.
It is not good for The Meadows though – which needs some intervention. The scheme I saw involved redesigning Street layouts and replacing some of the poorer quality housing with new family stock. One of my clients Blueprint has an excellent scheme there and I blogged previously about Julian Marsh’s excellent home – pictured above. Both of these developments really were catalysts to the wider regeneration project.
It was a very long term plan – and one that I am sure will be revisited in less austere times.
As I heard this news I was actually in Derby for the launch of Derby’s £10m regeneration fund. It was launched at Derby College’s Roundhouse Scheme. I had never been inside – but had seen some images as the building has won various awards – regionally and nationally. And it is not difficult to see why. It is a fantastic regeneration scheme – bringing old disused railway buildings back into use. The treatment of the buildings is just brilliant. I loved it.
I was thinking of the lost opportunity in Nottingham at Castle College on Maid Marian Way – which I remain involved in. We missed the window of opportunity from the then LSC. It was no one’s fault – although the Nottingham Planners could have been more helpful. But the point is that this was a missed opportunity.
The lessons are easy afterwards – grab the money when you can – and make sure the processes are not lengthy! I am not suggesting the Meadows Team could have gone quicker – they probably couldn’t, but these slugs of cash are only going to be there for the short term at the moment. Sadly, it looks like Nottingham has missed out – again….

















